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October 3, 2019 The National Petroleum Agency (ANP) Special Bidding Commission has qualified for the 6th pre-salt sharing round BP, Chevron, CNODC, CNOOC, ExxonMobil, Petrobras, Petronas, Repsol Sinopec and Shell as qualified operators. Also registered were the companies Ecopetrol, Murphy, QPI and Whintershall. The 6th round of pre-salt sharing is scheduled for November 7, one... Continue Reading →
The 9,200-metric-ton jacket for the new Peregrino C platform has been loaded out at the Heerema fabrication yard in Vlissingen, the Netherlands, and is being fasted to a barge for sail away to the Equinor-operated Peregrino field offshore Brazil. The wellhead platform topsides are due to leave the Kiewit yard at Ingleside, Texas, later this... Continue Reading →
A consortium formed by Hokchi Energy, Talos Energy and Wintershall Dea has given up a Mexican oil contract in the Gulf of Mexico's shallow waters due to lack of commercial discovery, the country's oil regulator said on Wednesday. As part of Mexico's flagship energy reform, the consortium in 2015 was awarded a contract to explore... Continue Reading →
European supermajors BP and Shell occupy the top spots on opposite sides of Rystad Energy’s M&A ranking for the oil and gas sector during the last five-year period. Rystad Energy has analyzed the share of resources traded globally from 2015 through July 2019. Two oil and gas companies stand out in the tally, not including... Continue Reading →
Oct 02/2019 According to ANP, the August 2019, oil and natural gas production in Brazil totaled 3.828 million barrels of oil equivalent per day (MMboe / d). Oil production was approximately 2.989 million barrels per day (MMbbl / d), an increase of 7.7% from the previous month and 18.5% from August 2018. The volume exceeded... Continue Reading →
Oct 02, 2019 BW Offshore finalized the transfer of E&P assets to BW Energy, the former subsidiary. As a result, BW Energy becomes an independent E&P company based in Bermuda. BW Offshore's decision to separate its share of E&P was announced in May this year. The goal is for BW Energy to be open to... Continue Reading →
October 02, 2019 Norwegian company, fourth largest oil company in Brazil, will invest US $ 15 billion in the country. A foreign oil company that has made the most of Petrobras' asset sales to strengthen its presence in Brazil, Norwegian Equinor (formerly Statoil) plans to start investing heavily in its new project portfolio in the... Continue Reading →
October 2, 2019 Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Facts of October 29, 2018, January 30, 2019, February 13, 2019 and March 25, 2019, informs its shareholders, on this date, conditions precedent having been met and necessary... Continue Reading →
Brazil Energy Insight 